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WHUT
Feb 20, 2013 7:00am EST
and fidelity investments. your personal economy is made up of things that matter most like your career. rethink how you are invested and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices that can fit your personal economy. fidelity investments. turn here. >> at union bank, our relationship managers work hard to know your business, offering specialized solutions and capital to help you meet your growth objectives. we offer expertise and tailored solutions for small businesses and major corporations. hat can we do for you? >> and now, "bbc world news." >> hello. you're watching gmt on "bbc world news" world news. i'm dana. our top stories. oscar pistorius on the second day of his bail hearing. police they they found testosterone and needles and unlicensed things at his home. his girlfriend was found wearing a vest and shorts. the latest from pretoria. event a alled an deeply shameful event. >> and global soccer teams feet in asia to work out ways of tackling the corruption that affects every continent where the game is played. als
FOX News
Feb 22, 2013 10:00am PST
on republicans warning that our economy, jobs, lives, could be in danger, if these scheduled cuts across the board go through. but the latest numbers show if the automatic reductions take place, there will be 85 billion dollars in cuts this year. that's equal to what the government spends in nine days. even if it happens, the government is projected more than last year, so he you see, we're talking about a decrease in the increase in spending and you may be asking yourself how can we survive and live on, with just the paltry amount of spending? well, where would we look for the example? how about last year when we did it just fine? all this leading to questions about how the fallout could be so dramatic. so dire, so awful. when the total federal budget is actually increasing. chris stirewalt is our national digital news editor. how can we do it? where can we find the historical example of the surviving on a budget that's cut in this manner. oh, last year. i mean, what's the answer to that. why are the politicians, you know, chicken littling us? >> well, remember this, if there , if there
CSPAN
Feb 17, 2013 10:30am EST
and dedication have not yet been rewarded. our economy is adding jobs -- but too many people still can't find full-time employment. corporate profits have rocketed to all-time highs -- but for more than a decade, wages and incomes have barely budged. task,our generation's then, to reignite the true engine of america's economic growth -- a rising, thriving middle class. [laughter] --[applause] it is our unfinished task to restore the basic bargain that built this country -- the idea that if you work hard and meet your responsibilities, you can get ahead, no matter where you come from, what you look like, or who you love. it is our unfinished task to make sure that this government works on behalf of the many, and not just the few, that it encourages free enterprise, rewards individual initiative, and opens the doors of opportunity to every child across this great nation. [applause] the american people don't expect government to solve every problem. they don't expect those of us in this chamber to agree on every issue. but they do expect us to put the nation's interests before party. [applause]
CSPAN
Feb 19, 2013 7:00am EST
in the local economy by my parts. every person who works on my product is going to raise the price of my product. every hand that touches the unit that i sell, a certain percentage of the company buys this products. every time i go to a vendor to get a part, my costs will increase. my competitor build a similar part for almost a third of what i build a mine. you will take away the factory workers who manufacture my parts. this is all usa jobs. lower the price of gas. back to two bucks a gallon and you won't have to worry about the minimum wage. host: how would an economist pre-minimum wage respond to that caller? guest: you are raising the cost of that worker to that business. that worker will have more money to spend. you can make more profits. you can pass the cost to people who are buying your goods by raising prices. raising the minimum wage has an effect on the economy. the question -- if there is a chance it would raise unemployment or perhaps put a business in the red. host: michelle, tacoma, washington. caller: i just realized our state is one of the higher states with minimum w
CSPAN
Feb 17, 2013 2:00pm EST
economy on an irreversible, downward path. we will hear about the past consequences of the impending cuts. i do not doubt that they will be painful to bear. if there is a way to mitigate the pain,i'm open to discussion. i believe it is important to emphasize that the sequester of whatever temporary solution we have made is just a precursor to the main event. thank you. >> thank you, senator shelby. we will go to the panel. i am going to explain how this is going to work. we would have begin with omb and wrap up with national security. in the interest of time and efficacy, we will have one panel and be able to ask questions where we can get cross communication going. we will start with you and then secretary donovan and secretary napolitano. we will go to questions and alternating on both sides of the aisle. right off with senator shelby and myself. you are representing omb. their obligations with the presidential responsibility. go ahead and give us the details of omb. i will not introduce everyone. we will keep it going. >> thank you. members of the committee, good morning. i'm here to d
FOX Business
Feb 22, 2013 11:00am EST
this is a more modest issue. we are putting a lot of fiscal drag. that is a lot of money for an economy only growing 2%. my concern is not a major selloff, but a growth disappointment in the first half. we are looking at a correction, should that happen. connell: we will have this debate and continue to have it. some people are saying that this of kuester is a really big deal. it is in a slow bleed. it is not as big of a deal. >> you cannot look at it in isolation. in total, again, it is not a game changer, but it will be a drag for the first part of the year. connell: pretty good acronym. thanks a lot. >> thank you, connell. dagen: gas prices at a record high for this time of year. we have the chief oil analyst for the oil price information service, tom kloza. you didn't really see this coming, did you? the run-up that we got so early in the year. >> i did not see it coming so early in the year. it is pretty typical of the run-up. there are a couple of extra things that are contributing this year. we have seen this movie before and we know how it ends. dagen: talk about the refineries in th
CNBC
Feb 20, 2013 6:00am EST
a question on everyone's mind -- how do we get the economy to grow from here? no one knows better than the leaders of corporate america. joining on set this morning, 32 adviser ceo robert wolfe. we'll have hanes celestial ceo irwin simon. and the kraft group president, jonathan kraft. >>> on the lighter side of things, spring is around the corner. that must meantime for baseball. white sox vice president ken williams will join us to talk business on and off the diamond coming up at 8:40 eastern time. >>> an interesting mix of topics in rotation today. first, let's get over to andrew with the top headlines. >> thanks. >>> boeing reportedly found a way to fix battery problems with its grounded 787. here's what's happening. involves increasing the space between cells in the battery. a source tells reuters the gaps between the cells were why there was overheating. we'll talk about that in a bit. >>> in other news on boeing, the company's engineers are split on a contract. the largest professional group approved the planemaker's latest contract offer. but members of a smaller technical unio
CNBC
Feb 22, 2013 7:00pm EST
down the economy. we'll lose millions of jobs. there would be a stoppage of work at a number of places. the economy would get back into a tailspin. and so therefore it's bad. >> this is all for $44 billion. that's all it is, by the way. $44 billion let me get this right. 1/4 of 1% of gdp. and i just want to add, being a democrat, one of my favorite democrats is bill clinton. what did bill clinton do working with republicans? cut spending. what did the economy do when bill clinton worked with the republicans to cut spending? the economy boomed. that's your model. >> but it's the sequester, which means you that can't cut spending smartly. it's just across-the-board random cuts. i'm for cuts. i'm one that will agree that we do have to cut spending. but we've got to do it in a balanced way. we've got to cut spending. i don't think anyone will argue that. we cut spending before in the budget control act. we cut some spending. but we do believe it's got to be done in a balanced way, that we cut spending because the ultimate goal is to have a balanced budget. cut spending and find more revenu
CSPAN
Feb 22, 2013 5:00pm EST
. agriculture is an important part of our economy and agriculture remains relatively strong in nebraska. for second and cattle, third-quarter production, sixth in soybean production in the second begin ethanol producer. however, farmers and ranchers have also faced the challenge of the drought this past year and they've managed their operations with the efficiency and flexibility. water resources who can give you to be a challenge for agriculture, businesses and communities due to the continuing drought. exports are important to nebraska on my summer that a trade mission to china. we can do need to expand and strengthen a relationship to china, just like canada, mexico, japan and many other countries. during the past few years, nebraska asked for to china have grown rapidly in china is no nebraska's fourth-largest trading partner. the nebraska china relationship is just beginning and i'm confident this will be a growing and improving relationship for many years to come. as we continue to make state government more efficient and accessible to citizens, how to recognize professionals thro
PBS
Feb 21, 2013 7:00pm PST
. ai joins us from the business desk. >> major economies embark on similarly bold monetary easing measures just as japan. it works to weaken all of their currencies as well. as for japan a report from the international monetary fund dismisses worries that japan's monetary easing could lead to a global currency war. the concerns are overstated. the report states the recent move in the currency market is correcting the excessively strong yen. it says recent market moves reflect the fundamentals of the global economy. imf officials point out that japan's trade deficit is growing and moves by traders to by the yen as a relatively safe currency has paused. these factors led to weaker yen. stronger monetary easing measures are needed. the report was issued at the g20 meeting that took place last weekend in moscow. >>> many participants at a recent trade policy meeting may also have backed japan's economic program, but some national delegates voiced concerns about the falling yen. japan's representatives faced a policy review at the world trade organization in geneva. wto members general
CSPAN
Feb 21, 2013 10:00am EST
immediately afterwards. -- planned to run it immediately afterwards. this assumption was that the economy would continue to improve or would improve. i think running and losing in 2008 was liberating for him. he found that he could be happy. we kept talking. he wanted to talk about it. we had a busy 2010 client schedule. he finally said, on election day 2010, if you cannot do anything for your client, why don't we meet? ok. we can do that. my partner and i met him. we met him in boston. at his condo. that was when i got a sense that he was intending to run. >> he was serious? and he made the decision? >> yeah. >> covering the white house, he always viewed mitt romney is the face of the republican party. is that unfair? >> no. after the 2008 election, we were thinking about the future. he asked me who i thought the nominee would be in 20 20. i said, mitt romney. i knew we were heading into an economic maelstrom. i spoke earlier to a group about this opposites theory of presidential races. romney and the business background seem like the kind of person who could emerge from that. on electio
FOX News
Feb 23, 2013 3:00pm PST
the sequester is not higher taxes or just better spending control. it's by creating jobs, growing the economy and expanding the tax base. >> president obama will be taking his message on the road next week to a virginia shipbuilding operation. virginia, with its massive defense industry, would be hit hard by the spending cuts. arthel. >> molly henneberg live from washington. thanks. >> as the u.s. faces its own economic problem, britain's economy is facing a serious new setback. moody's, the credit rating agency, announced the first ever downgrade of the u.k.'s pristine credit rating by a notch, blaming weak growth and political turmoil for throwing its deficit reduction plan off course. david ram con says he has full confidence in his finance minister, george osborne, despite criticism that their debt strategy is failing to deliver, britain now joining the u.s. and france in having lost its triple a rating from at least one major agency. >>> serious new concerns out of iran asment country's powerful revolutionary guard begins new military exercises, at the same time iranian scientists announ
CSPAN
Feb 19, 2013 10:00am EST
put thousands of dollars per month in the local economy by my --buying my parts. every person who works on my product is going to raise the price of my product. every hand that touches the unit that i sell, a certain percentage of the company buys --country buys this product. every time i go to a vendor to get a part, my costs will increase. my competitor works in china. my competitor build a similar part for almost a third of what i am an american. you will take away the factory workers who manufacture my parts. this is all usa jobs. last point. instead of raising the minimum wage, lower the price of gas. back to two bucks a gallon and you won't have to worry about the minimum wage. i appreciate the opportunity. thank you so much. host: how would an economist pre-minimum wage respond to that caller? guest: you are raising the cost of that worker to that business. on the other hand, that worker will have more money to spend. as a business owner, you can make more profits. you can pass the cost to people who are buying your goods by raising prices. i think that is a little bit of
FOX News
Feb 21, 2013 4:00pm PST
salaries. nearly three times median income of residents in the town all as the economy was tanking before their eyes. the mayor made close to $100,000 a year for a part-time job. prosecutors say that the ex-mayor knew exactly what he was doing. he and other city workers raised property taxes, hiked fees for businesses and used other shady measures to pay. the lawyer claimed the one time city leader cannot read and never graduated from grade school. a convicted killer on death row gets another peeve. reprieve. three days after the state of georgia was to execute an jen mate the supreme court is back in the mix. >>> tense moments in court as prosecutors question a woman who admits that she killed her ex-boyfriend but you says she can't remember stabbing him. oh, yeah, she remembers the shooting part but not the stabbing. the 27 stabbings. that is coming up. to grow, we have to boost our social media visibility. more "likes." more tweets. so, beginning today, my son brock and his whole team will be our new senior social media strategists. any questions? since we make radiator valves wouldn't
FOX News
Feb 22, 2013 1:00pm PST
to do is keep on making our overall economy use less oil. >> neil: but what is all this about how much energy we're using, but not how much energy we're getting? because we're not getting as much as we can. the oil watch, on what is really behind the pain at the pump. what is it? >> certainly not consumption. that statement from president obama is ridiculous. if you look at u.s. oil consumption, it's been declining for a long time now. last year we consumed 18.6 million barrels of oil a day, which i the same amount we consumed in 1996. so u.s. oil consumption is going down. not about the u.s. consuming more oil. western european oil consumption is going down. i you want to know where the growth is coming. , it's emerging marks like champion and india. china consumes two barrels of oil per person per year compared to the u.s. at 22 and at it just going to keep going -- >> it's not how much we're using but access to how much we're getting? the president says he has been more open to opening up land than anyone prior. you say what? >> well, i don't think so. obviously the u.s. energy comp
CSPAN
Feb 21, 2013 5:00pm EST
that affected agriculture this year. despite the drought, i think the aggie economy -- ag economy is very strong. far income, near record highs. a record high for 2012, and four 2000 13, projected cash income close to record highs. -- and for 2013, projected cash income close to record highs. low debt to asset ratio. assets at record highs. however, i think the aggregate measures belies some sharp differences between sect hers. -- sectors. despite the adverse weather, producers have fared well, with high prices and record crop insurance indemnity's, which helped offset the losses we saw this year. if you are in uninsured or underinsured former, -- farmer, crop losses are hitting those producers a little more than those who have insurance. and if you are a livestock, dairy, and poultry producer, this is the third year since 2007 when we have seen record high prices, with the effects that has on higher feed costs, tight margins. and we have seen, particularly on the capital side, some liquidation. -- the cattle side, some liquidation. 2013, we were expecting a rebound in yields. we should
FOX Business
Feb 21, 2013 1:00pm EST
its economy eventually was created, he has a job. details coming up. ♪ today is gonna be an impyou ready? for us. we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. shibani: get ready for it. moving coast to coast a winter storm now hammering places like kansas and nebraska. where is it heading next? we have the very latest. should i be getting my snow boots out for the weekend? >> that definitely depends on where you live. a lot of whether going on this afternoon. heavy snow continues to fall right around the st. louis area. that being mixed in with some sleep there. we are getting reports of anywhere from nine-11 inches already right around the kansas city area. this is an ice storm. very slippery conditions around springfield. that is likely to continue. the words of this storm likely to occur along i-34. that wi
FOX News
Feb 21, 2013 6:00am PST
is really happening right now in our economy. what better indicator than to look at wal-mart sales because they're now reportedly putting out their quarterly sales about a billion dollars short of what they expected. fox business network stuart varney joins me on that. as wal-mart goes, so is going the nation perhaps, stuart? >> oh, yes. this isn't just one single company, one single retailer. this is america's economy. very good indicator of that and the news is not good. as you suggested there, martha, their sales are flat to down in the same stores over a comparable period. they took in about a billion dollars less than they were expecting to take in. you got to bear in end into the gas prices have gone straight up. that leaves less money available to go spend at wal-mart. taxes for everybody went up on january the 1st. same story. less money for people to spend at wal-mart. this is a disappointing indicator for the overall economy. it confirms we're still pretty weak. martha: you get that divide. you see what is going on with the ground on retail sales like you're reporting right here
CBS
Feb 21, 2013 7:00am EST
are they saying and what are they saying about the economy? >> looking backward they're saying walmart had a very good christmas. they earned more than expected. they came in light on sales. however, going forward, that's really a question. walmart is considered a bellwether for our economy and what they told us this morning is that the payroll tax cut is impacting consumers. the hike that we saw at the beginning of the year, the 2% hike which takes about $20 out of people's weekly paycheck is hitting the consumer and gasoline prices are up 50 cents in the last month and there's a tell prey knock on the consumer right now because refunds have been delayed. the tax code had to be overhauled as a result of the many of the reforms of last year and they're saying their consumer has been hit by delays in the refund checks, about $20 billion in refund checks didn't go out on time. >> all right. new information. re rebec rebecca, thank you. >>> the obama administration plans fines, penalties, and trade sanctions against any government that sponsors hacking. bob orr is in washington. bob, good morning. >
MSNBC
Feb 21, 2013 3:00am PST
people have been coming from mexico. and part of that is the bad economy in the u.s. there's just fewer jobs. part of that is a good economy in mexico. part of it's our enforcement. and of course, drug cartels and the drug war in mexico have played a huge role. >> but james, republicans are going to have to talk about border security, border security, border security to sell the other part of this. we saw john mccain and jeff flake, the two senators from arizona, having to sort of go back and forth and back and forth and slowly move their constituents along. and the way they do that is by talking tough on the border. >> yes. and this is politics playing out. right after the election, even sean hannity said well, maybe i'm for some kind of a border thing. the people in the republican party voting in these republican primaries, they're not sold on this. and i think senator mccain found that when he went back to arizona. it's going to happen time and time again. and they do have to bring them along. >> it's going to be tough in louisiana, too, isn't it? >> very. >> mary landrieu. is mary,
MSNBC
Feb 22, 2013 8:00am PST
for the economy t's not going to be good for ordinary people. but i don't know if they're going to move. >> the president did reach across the aisle this week most recently dialing up house speaker john boehner and senate minority leader mitch mcconnell yesterday. we don't know what was said in those calls, but we do know they didn't result in new meetings between the president and congressional leaders. both sides instead focusing on dominating this debate. >> democrats don't seem to understand that taxing americans dampens the economy. republicans don't seem to understand that massive unfocused cuts right now are going to slow down the economy. >> you seriously have to wonder whether anyone in washington, in the house and the senate, in the white house and the administration, republican, democrat, do they ever go outdoors? >> so the economic hammer falling at the end of the month. $85 billion in cuts. what will that mean to your wallet or your family? $619 million in cuts to the federal aviation administration which could result in major flight delays for travelers. $406 million in cu
FOX News
Feb 20, 2013 10:00am PST
at the white house yesterday. president obama flanked by first responders warning that their jobs, our economy, even our lives could be in danger if those spending cuts that he suggested and then signed into law actually take place. listen. >> or help the economy, won't create jobs. now, congress allowed this meat cleaver approach to take place. it will jeopardize our military readiness, emergency responders like the ones who are here today, their ability to help communities respond to and recover from disasters will be degraded. thousands of teachers and the educators will be laid off. hundreds of thousands of americans will lose access to primary care, and preventive care like flu vaccinations and cancer screenings. >> but if the president warns of devastating consequences, the wall street journal. chris stirewalt is our news power play live and stuart varney is anchor on the fox business network, great to see you both. stu, let me start with you, because we talked with chris a little about this yesterday. i'm interested in your take because the journal points out that this is a small percen
FOX News
Feb 21, 2013 8:00am PST
the sequester could really have on the economy if no deal is reached before the deadline. chief congressional correspondent mike emanuel is live in washington with this. mike, what is the practical impact the real impact that many of us would feel from se sequestration? >> the automatic cuts are half domestic, after defense. he tkpepding on your interaction with the government, if you work or do business with the government you may be affected more. today the agriculture secretary raised the impact on the food on our tables. >> the only way we can absorb a cut of this magnitude is by impacting the people who work in the food safety area of usda, and we all know that when we do that it doesn't just impact those workers, it impacts all the processing facilities and plants and proceed tucks facilities across the country. >> reporter: the suggestion being that could lead to restaurants and supermarkets struggling to stay stocked with properly inspected food, jenna. jenna: that certainly hits home. we've hoard from republicans and democrats how drastic of an impact this might be in a whole slew of
MSNBC
Feb 23, 2013 9:00am PST
with the the sequester. it's hanging over the economy. and you say like the airplane we are flying is going down and we're taking a break to watch the in-flight movie. so what are you talking about? is this sort of a lack of urgency from both sides? because there's no incentive for democrats nor republicans to cut a deal here? >> i am not saying that at all, alex. i'm saying that the house leadership on the republican side, which controls the schedule, controls the calendar, they have every power to bring us back to d.c., to go back to our desks on the floor of the house and work out the problem. with ten days to go before the ridiculous sequester takes place, we don't get called back to washington. instead, we have what we call a district work week scheduled. in other words, people are working on things other than averting this sequester. i think it's ridiculous. i think that even to see the republican house leadership working hardest on blaming president obama for the sequester is foolish. what we have is speaker boehner making posters about president obama trying to call it the obama-quester, sort o
FOX News
Feb 20, 2013 3:00am PST
't remember that. >> they are not fair and they will hurt our economy and add hundreds of thousands of americans to the unemployment rolls. >> steve: no wonder he doesn't want to take credit for it. new blame game. >> brian: how much does this woman love president obama. so much so voted them for six times. fox and friends starts now. >>> fox and friends, brian, welcome back. where did you do go and did you miss us? >> first off the chinese hacked my blackberry i can't open up any of my emails. i should have put the back on first. >> steve: see if it works? >> gretchen: i thought that congress' approval waiting went up 15%. all right. in the meantime, as he fixes his blackberry let's get positive to a developing story. stay tuned on to fox and friends report. >> they are charging pre-med dated murder. they found steroids in his home. good morning, amy. >> investigators say they found two boxes of steroids and needles in oscar pistorius' home. a sigh, a real sigh went across the courtroom and then the defense says those were actually herbal remedies. then another explosive moment in
MSNBC
Feb 20, 2013 3:00am PST
paid more and have the so-called knowledge economy are able to get more. and then this relentless -- and this is the point, we talk a lot about jobs, we don't talk enough about incomes -- this relentless downward pressure on the average worker competing across the globe, not being able to get wage increases. what's happening with unions. we're now talking about the minimum wage and so forth. and so what's also interesting, if you look at the 2011 numbers which came out, you see something -- a slightly different pattern, which is the bottom 99% still going down, down minus 1.3%. they lost another $150 on their average income. but to your point, willie, the top has actually went down a little bit in that year as well. 0.6% for the top 1%, 6.7% for the top 1%. nobody is going to take up a collection for these guys. they have $23 million of average income. but this is probably a function of the fact that the stock market did not have a great year in 2011. >> those charts, those two combined charts, that is a prescription for social dynamite. i mean, the fuse is burning. >> and the fus
CSPAN
Feb 20, 2013 12:00pm EST
industries and economies, the world's largest trade mostly predictable ally and always dependable friend. but some major changes on the horizon could present new challenges for the relationship. let's begin with energy. right now nearly all of canada's oil and gas exports are to the united states. that represents about 10% of u.s. energy needs. but that's about to change. neutrally technologies have unlocked new supplies of crude oil and natural gas from previously unreachable reservoirs across the u.s.. >> after years of talking about, we are finally poised to control our own energy future to disconnect some experts predict the united states will be energy independent by the year 2035. how will that affect canada's 40 billion-dollar oil bench and what will energy independence and for u.s. foreign policy? and what does it mean for pipelines? the canadian government is anxiously awaiting a decision from the white house on the proposed keystone xl pipeline. it would carry out the oil sands nearly 2,000 miles to refineries on the u.s. gulf coast. the secretary of state john kerry who has lo
CNN
Feb 21, 2013 9:00am PST
. >> is same sex marriage good for the economy? financial experts suzy orman says it is. she will explain. mission was to get all six james bond actors reunited at the oscars but that mission reportedly a dud. instead can you get your bond fix here? yes. we'll take a look at 007. cymbalta can help. cymbalta is a pain reliever fda-approved to manage chronic musculoskeletal pain. one non-narcotic pill a day, every day, can help reduce this pain. tell your doctor right away if your mood worsens, you have unusual changes in mood or behavior or thoughts of suicide. anti-depressants can increase these in children, teens, and young adults. cymbalta is not for children under 18. people taking maois, linezolid or thioridazine or with uncontrolled glaucoma should not take cymbalta. taking it with nsaid pain relievers, aspirin, or blood thinners may increase bleeding risk. severe liver problems, some fatal, were reported. signs include abdominal pain and yellowing skin or eyes. tell your doctor about all your medicines, including those for migraine and while on cymbalta, call right away if you have
CNN
Feb 22, 2013 4:00am EST
. what it's costing the economy to have so many underemployed college graduates. that's next. >>> president obama has been talking to voters about his ideas for revitalizing the job market, especially for the middle class. that's a message he pushed before but one that's growing more urgent for some people who had hoped the lingering effects of the recession would never reach them. tom foreman has this week's american journey. >>> everyday on the busy streets of new york, kellock irvin is hunting, and he received his college degree last year, he moved here from the west coast and thought finding a job in marketing was the next logical step. >> not necessarily that it would be an easy task but it wouldn't be something that almost eight months since graduating i'm still struggling with. >> he's not alone. >> our economy is adding jobs but too many people still can't find full-time employment. >> when president obama took office, 134 million americans were working in nonfarm jobs. today, after massive losses and a slow recovery, we're only 1.2 million jobs better off. and many p
CNN
Feb 21, 2013 10:00pm EST
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> keeping them honest. tonight, more secrets to share with you about the high cost of health care. what we're going to show you could save you money, possibly lots of money the next time you get a bill from a hospital. we've partnered with "time" magazine. the special report called "bitter pill: why medical bills are killings us." a journalist spent seven months investigating and what he found is jaw dropping. drew griffin is digging on our end, finding why a lot of people are profiting on your high bills, even those hospital who's call themselves nonprofit. how are hospitals pulling in so much money? oh, let us count the ways. here's part two of drew's report. >> reporter: pat palmer has built a business around helping patients fight hospital bills. she says in no other business are all of the costs of doing business itemized and billed separately. you don't have a separate electricity bill added on to your grocery bill or a refrigeration bill charged separately when
CSPAN
Feb 22, 2013 9:00am EST
to do with a rotten economy. older adults are staying in the work force longer any younger adults staying out of the work force longer because they cannot get into it. host: if you don't have a retirement, there is this option -- norman is joining us from maryland, 45 years old. how much have you saved so far for your retirement? caller: first, thanks for having an article on this subject. i have been waiting for this opportunity. i have $2,800 in my 401k plan. i am wanting your opinion for people my age. i was born in 1968. it seems we are at the tail end of the pension plans and profit- sharing and at the front end of all the financial crises in the country. people my age, it seems we were never able told the 10% we were told, the city to hold 10% your entire working life for your retirement. between jobs and layoffs -- and i have always been fortunate to make as much as college graduates, but between the jobs and layoffs throughout my work life and the clinton era taxes and everything -- i'm not blaming him, i thought he was a good president even though i am a republican, i jus
FOX Business
Feb 20, 2013 1:00pm EST
this is a good time for the economy. are you kidding? it is not a great sign for the economy. dell? michael dell try to take back his own company, looking to do some things behind the scenes, but no takeover battle and higher battle. heinz was more of a world deal. not seen the kind of things we're looking for. the market is grappling for things. what i wanted to kind of talk about with the audience is key members on the downside. let's talk about the key support levels. it is a key number that i like to see if we drift on no news, the market to make a stand, the number that must hold the moving average, let's just call it 13,600. if for any reason we get hurt and got out to that level, that is the market must make a stand. certainly want to see the market make a stand. once all the news went away, some form of analysts. would find a way to go up but so far has not been able to find a catalyst. and i'm a little bit nervous on the talks of sequestration. the president yesterday was talking if the white house those things are getting bad and just trying to set up the escape hatch so they cannot bl
CNN
Feb 23, 2013 5:00am PST
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CSPAN
Feb 20, 2013 5:00pm EST
to happen. the impact on the economy would be terrible for american families. we don't want it. we think it is bad policy. it was designed to be bad policy. that was the whole point. the sequester was written in a way that would assure that congress would never let it happen. >> by putting it off, it could work to your advantage perhaps? >> i think you're misunderstanding or maybe we're not doing a good enough job trying to convince you. we support efforts in congress to buy down the sequester but they should come back and do it tomorrow or come back next week. buy it down so the sequester does not have an immediate effect and congress can get back to work and we can get that $4 trillion in deficit reduction that analysts have called for. we've been working for that. up to $2.7 trillion in deficit reduction has been achieved thus far. our deficit is coming down but we need to do more work to make sure that process continues. that's what we want, that's what the president wants. >> i have a question about cyber crime among other things. what can we expect? >> i think if you're talking a t
FOX Business
Feb 21, 2013 11:00am EST
on this. dagen: what about that i am a conspirators sometimes, what if the economy continues to chug along at the casting, then it kind of points to the fact that more cuts should have been. you can say i am an idiot. >> i think the administration is concerned because their base does not want to see this. they have political concerns. i do not think they are practical and the terms of the government's ability to move forward and provide services and so forth. they are more worried about the political out, i think. connell: lower gdp estimates, or is there at least some individual companies that will be affected? >> the spending that obama has wanted, he has gotten. spending has increased. what do we have to show for it? the slowest economic recovery in three generations. dagen: show the white housethe worried, though? there is no way to know how it will react. >> we should all be concerned about what is happening in the federal reserve. i think we should all be concerned. it is pretty frightening what they have been up to. the inflation concerns are very real. how they are going to back ou
FOX News
Feb 20, 2013 2:00am PST
economy at risk to benefit only the healthiest americans and biggest corporations? that's the choice. >> back in 2011 when the debt reducing super committee failed the president threatened to veto any plans for cuts elsewhere. john boehner still says there is time to spare the military and their time to spare america's higher tax rates. this is a quote last month the president got the taxes on the wealthy and already back for more. the revenue debate is now closed. we should close loopholes in the tax code that should be used to lower rates across the board. if the see questions tore could not be avoided they are ready to tell 800,000 silian workers they will be forced to take 22 days of unpaid leave by taking one day off per week for almost half a year. >> peter, thank you. it is time for a look at who is talking this morning. >> the sequestration cuts are the topic of debate on hannity last night. he went head to head with arthur ghouls by. take a look at this. >> if you say i am for cutting entitlements more than would be -- had to be cut if you did some tax revenues i understand
FOX News
Feb 21, 2013 10:00am PST
to be dropped? new developments in the troubling trend for americans and the nation's economy. gas prices shooting up nearly 50 cents in 60 days, taking a huge bite out of americans who are already earning less because of the payroll tax we got hit with the beginning of the year. according to the triple-a, the national average for a gallon of gasoline is now, 3.78. so when your car has a 20 gallon tank it will cost you more than 75 bucks every time you fill up. you don't need me to tell you that because you're experiencing it it and also means you're now paying $10 more per fill up than a month ago. the combination of soaring gas prices and higher taxes are not only threatening the larger economy, but the current administration as well. chris stirewalt our digital editor and host of power play live. and interesting to read your power play on foxnews.com because you talked about how this is the exact position that the republicans, who wound up getting creamed in that 2006 mid term he election, found themselves in when gas prices were soaring under president bush and wow, did the democrats
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